TAMAN PELANGI

TAMAN PELANGI in Kluang, Johor recorded 9 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 162.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 130K, with most transactions falling within a stable range of RM 80K to RM 187K, and a typical market range of RM 80K to RM 200K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 162, though individual units vary from RM 129 to RM 195 in the core range. The broader market spans RM 152.00 to RM 172.00, indicating diverse property characteristics. The spread of RM 20.00 (IQR) and deviation of RM 33 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.